Egrag Crypto Presents the Most Confluent XRP Price Target

XRP could be approaching another important stage in its long-term technical structure. Crypto analyst Egrag Crypto identified $6.40 as XRP’s “most confluent target” and explained that the cryptocurrency has reacted precisely from a key level within a long-term symmetrical triangle.

The analyst’s latest chart focuses on the relationship between XRP’s current price action and the upper boundary of the multi-year formation. XRP was trading around $1.42 on September 6, according to recent market data, keeping the asset close to the levels highlighted in Egrag’s analysis.

Egrag Crypto Points to Symmetrical Triangle Reaction

Egrag Crypto said in his tweet that XRP “bounced exactly” off the upper edge of the symmetrical triangle, a level he has repeatedly cited in his previous analysis. The chart attached to his post marks the area around the current price with a highlighted circle, showing XRP testing the upper boundary of the broader structure.

The analyst then asked his followers to determine what the technical structure suggests could happen next. Rather than simply presenting another price prediction, Egrag challenged XRP traders to explain the potential next move based on the chart itself.

The attached chart also identifies several Fibonacci extension levels above XRP’s current trading range. Among them, the $6.40 area stands out as a major target, while additional projections extend substantially higher. Egrag Crypto’s previous analysis also identified $6.40 as his first major target after confirming XRP’s broader bullish structure.

$6.40 Remains a Key Technical Target

Egrag Crypto’s latest post emphasizes the convergence of technical levels around the projected $6.40 target. The chart labels this area as a “Confluence Range,” indicating that multiple technical measurements point toward the same region.

His broader analysis has previously outlined a sequence in which XRP would need to establish stronger support and reclaim important resistance levels before reaching the higher targets. In July, Egrag identified the $1.23 to $1.65 area as an important zone, followed by the $3.00 to $3.50 region and eventually the $6.40 target.

Egrag Challenges XRP Traders to Read the Structure

Egrag also offered a 200 XRP bonus for what he considers the best technical explanation of the chart. He asked participants to repost, like, and comment with their own analysis, stating he wants to identify those who understand the structure.

His post does not present $6.40 as an immediate price target. Instead, it frames the level within a longer-term technical setup that still depends on how XRP behaves around the current structure and the resistance levels above it.

For now, Egrag’s central message remains focused on the symmetrical triangle, the recent bounce from its upper boundary, and the $6.40 level as the most significant confluence target in his current XRP analysis.